The document discusses the history and current state of facilities management. It traces the evolution of the industry from its origins in the 1970s to the present day. Facilities management is now defined as the integration of processes to maintain and develop services that support an organization's primary activities. The UK facilities management market is worth £11.9 billion and is expected to grow to £13.9 billion by 2021. The document also examines current challenges like commoditization and an aging workforce, and potential future trends such as the impact of technology and the Internet of Things on the industry.